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Brooklyn Two-Family Home For Sale

2529 E 22nd Street Brooklyn, NY 11235

Claim this Listing
For Sale
$1,369,000

MULTI_FAMILY - Brooklyn, NY

Property size:
2,256 SF
Lot size:
0.06 Acres
Price / SF:
$606/SF
Added:
Mar 4, 2026
Days on Market:
130
Last Refresh:
Jul 12 at 7:06 pm

Property Features for 2529 E 22nd Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
6
Bathrooms
5
Rooms
Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 6
Parking features
On Street
Basement
Partially Finished, Full
Standard status
Active
APN
07441-0463
Size
2,256 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
9030

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)

Building Details

Year built
1925
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding, Stucco

Listing agent Cindy C Cheung

Listing office Robert DeFalco Realty, Inc. 1678 Hylan Blvd., STATEN ISLAND, NY

Listing date Mar 4, 2026

MLS# 2601129 Listing URL

Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is a legal two-family semi-attached home located at 2529 E 22nd Street in Sheepshead Bay, Brooklyn. The property has a lot size of 25 X 100 and the house dimensions are 20 X 54, totaling 2256 square feet. The first floor features a living room/dining room combo, an eat-in kitchen, three bedrooms, a full bathroom, and a door leading to the backyard. The second floor mirrors this layout with a living room/dining room combo, an eat-in kitchen, three bedrooms, and a full bathroom. The basement is partially finished and includes a family room, a full bathroom, an open space, and a laundry & utilities room, with a rear door to the backyard. The house is well-maintained with hardwood floors throughout. The property will be delivered vacant. It is conveniently located close to shopping, schools, and public transportation. The property includes a shared driveway.

Key Highlights

  • Legal two‑family 6/6 semi‑attached home at 2529 E 22nd Street in Sheepshead Bay
  • Lot size 25 X 100; house dimensions 20 X 54; 2,256 sq ft
  • First floor: living/dining combo, eat‑in kitchen, 3 bedrooms with full bathroom, door to backyard

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $115.1k $51.00
− Vacancy −$2.2k −$0.97
EGI $112.9k $50.03
− OpEx −$33.9k −$15.01
NOI $79.0k $35.02
2,256 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.13M
$987.6K – $1.32M (±1% cap)
NOI $79,009 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$983.9K
$860.9K – $1.15M (±1% cap)
NOI $68,873 @ 7.0% cap · market cap 5.03%
Theoretical Best
Specialty Retail
$1.87M
$1.63M – $2.18M (±1% cap)
NOI $130,758 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Real Estate Agency Catering Service Hotel & Motel Nursing Home Bar & Pub Nursing Home Coworking & Hybrid Office Bed & Breakfast (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Legal two-family home in Sheepshead Bay, delivered vacant.
Where is this duplex located?
The property is located at 2529 E 22nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,369,000.
What are key features of this property?
This property features: Legal two‑family 6/6 semi‑attached home at 2529 E 22nd Street in Sheepshead Bay; Lot size 25 X 100; house dimensions 20 X 54; 2,256 sq ft; First floor: living/dining combo, eat‑in kitchen, 3 bedrooms with full bathroom, door to backyard
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